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COFORGE Stock Chart & Stats
₹1484.70
₹43.70(2.94%)
At close: 4:00 PM EDT
₹1484.70
₹43.70(2.94%)
Day’s Range― - ―
52-Week Range₹1,008.50 - ₹2,021.95
Previous CloseN/A
Volume3.73M
Average Volume (3M)159.34K
Market Cap
₹779.54B
Enterprise Value₹660.92K
Total Cash (Recent Filing)₹17.91B
Total Debt (Recent Filing)₹57.77B
Price to Earnings (P/E)37.4
Beta1.32
Next Earnings
Oct 23, 2026EPS Estimate
14.39Next Dividend Ex-DateN/A
Dividend Yield0.68%
Share Statistics
EPS (TTM)49.25
Shares Outstanding442,920,500
10 Day Avg. Volume158,828
30 Day Avg. Volume159,339
Financial Highlights & Ratios
PEG Ratio0.29
Price to Book (P/B)3.92
Price to Sales (P/S)2.28
P/FCF Ratio38.97
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
₹1,946.67Price Target Upside31.12% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering3
EPS Forecast (FY)58.74
Revenue Forecast (FY)₹247.00B
Bulls Say, Bears Say
Bulls Say
Accelerating Revenue GrowthThe sharp improvement in revenue growth indicates renewed demand for Coforge’s technology modernization, cloud, analytics, and managed services. Sustained expansion would improve operating leverage, deepen enterprise relationships, and support continued investment in differentiated industry capabilities.
Conservative Balance SheetVery low and declining leverage gives Coforge meaningful financial flexibility to fund organic growth, pursue strategic investments, and withstand cyclical enterprise-technology spending. The larger equity base and healthy resilience also reduce dependence on external financing as the business expands.
Recurring Enterprise Services ModelManaged services, outsourcing, renewals, and account expansions provide a recurring foundation alongside project work. This contracted service model can improve revenue visibility, strengthen client retention, and create opportunities to broaden relationships through ongoing technology modernization.
Bears Say
Sharp Gross-Margin CompressionThe substantial gross-margin decline signals pressure on delivery economics or a less profitable service mix. If it persists, Coforge may need stronger pricing, productivity gains, or portfolio improvement to protect earnings quality and convert revenue growth into durable profit expansion.
Inconsistent Free Cash FlowThe uneven free-cash-flow record makes it harder to treat recent cash generation as a stable feature of the business. Continued variability could constrain internally funded investment, reduce confidence in earnings conversion, and make capital allocation less predictable over the next several quarters.
Normalized Returns And Margin VolatilityLower ROE as the capital base expands indicates that returns have normalized rather than continued at earlier peaks. Combined with volatile margins, this may limit the efficiency of future growth and requires sustained execution to preserve attractive returns on invested capital.
Coforge Limited News
COFORGE FAQ
What was Coforge Limited’s price range in the past 12 months?
Coforge Limited lowest stock price was ₹1008.50 and its highest was ₹2021.95 in the past 12 months.
What is Coforge Limited’s market cap?
Coforge Limited’s market cap is ₹779.54B.
When is Coforge Limited’s upcoming earnings report date?
Coforge Limited’s upcoming earnings report date is Oct 23, 2026 which is in 31 days.
How were Coforge Limited’s earnings last quarter?
Coforge Limited released its earnings results on Jul 27, 2026. The company reported ₹12.34 earnings per share for the quarter, missing the consensus estimate of ₹13.765 by -₹1.425.
Is Coforge Limited overvalued?
According to Wall Street analysts Coforge Limited’s price is currently Undervalued.
Does Coforge Limited pay dividends?
Coforge Limited pays a Semiannually dividend of ₹4 which represents an annual dividend yield of 0.68%. See more information on Coforge Limited dividends here
What is Coforge Limited’s EPS estimate?
Coforge Limited’s EPS estimate is 14.39.
How many shares outstanding does Coforge Limited have?
Coforge Limited has 442,920,500 shares outstanding.
What happened to Coforge Limited’s price movement after its last earnings report?
Coforge Limited reported an EPS of ₹12.34 in its last earnings report, missing expectations of ₹13.765. Following the earnings report the stock price went up 2.947%.
Which hedge fund is a major shareholder of Coforge Limited?
Currently, no hedge funds are holding shares in IN:COFORGE
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Company Description
Coforge Limited
Coforge Limited, established in New Delhi, India, in 1992, delivers a comprehensive array of information technology and IT-enabled services across the globe, with operations spanning India, the Americas, Europe, the Middle East & Africa, and the Asia Pacific region. The company, which rebranded from NIIT Technologies Limited in August 2020, offers diverse solutions designed to enhance digital capabilities. Its core offerings include digital process automation, covering aspects like workflow and process management, artificial intelligence (AI) and predictive analytics, robotic process automation (RPA), and case management. Coforge also provides a wide range of digital services, such as digital integration, Salesforce and MuleSoft implementations, interactive digital advisory, automation initiatives, and innovation-as-a-service. The company's portfolio extends to robust cloud and infrastructure management, encompassing cloud solutions, workplace services, cybersecurity, data center operations, "always-on" networking, and crucial service integration. Specializing in cybersecurity, Coforge delivers solutions for security incident management, automated security testing and remediation, intelligent threat detection and response, access control and entity management, governance risk and compliance (GRC), and secure adaptive fortified endpoints, alongside phishing analysis, training, and testing platforms. Additionally, Coforge is proficient in AI and data services, offering AI and cognitive solutions, business analytics, and data engineering. It also provides advanced application engineering, including development, operations, and quality engineering services, alongside business process solutions and media solutions like print design and marketing services. Coforge serves a broad spectrum of industries, including insurance, travel, transportation, hospitality, banking and financial services, healthcare and life sciences, the public sector, hi-tech and manufacturing, media and entertainment, and retail and consumer goods. To strengthen its service delivery, the company maintains strategic alliances with Kong Inc. for cloud API services and Newgen Software Technologies Limited, aiming to optimize digital operations for businesses.
COFORGE Stock 12 Month Forecast
Average Price Target
₹1,946.67
▲(31.12% Upside)
Technical Analysis
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